LIC MF Dividend Yield Fund - Direct Plan
Value Research Rating
Our Opinion
Riskometer
Very High
₹33.7041 0.51%
As on 20-May-2026
Returns
Risk
This fund has Very High risk.
As per SEBI's Riskometer.
Portfolio of LIC MF Dividend Yield Fund - Direct Plan
Asset Allocation
Split between different types of investments
Market Cap Weightage
Split between categories of Equity investments
We have shifted from our proprietary CapRank classification system to SEBI’s market cap classification system with effect from 14 Jan, 2026.
Peer Comparison
|
Fund name
|
Rating |
Our Opinion |
Risk
|
Return (%) |
|
Expense Ratio (%)
|
|---|---|---|---|---|---|---|
|
LIC MF Dividend Yield Fund - Direct Plan
|
|
Very High
|
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1.05 |
||
|
|
Very High
|
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0.83 |
|||
|
|
Very High
|
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0.61 |
|||
|
|
Very High
|
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0.76 |
|||
|
|
Very High
|
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1.85 |
Other details of LIC MF Dividend Yield Fund - Direct Plan
Assets
₹661 Cr
Exit Load (Days)
1.00 (360)
Min. Investment (₹)
5,000
Min. Withdrawal (₹)
1,000
Min. SIP Investment (₹)
200
Min. No of Cheques
30
About LIC MF Dividend Yield Fund - Direct Plan
LIC MF Dividend Yield Fund - Direct Plan is a equity mutual fund scheme of LIC Mutual Fund. Launched on December 21, 2018, it is currently managed by Dikshit Mittal. The fund has an expense ratio of 1.05% with an overall AUM (Assets Under Management) of ₹661 Cr.
LIC MF Dividend Yield Fund - Direct Plan is mandated to invest predominantly in companies which have a high dividend yield ratio. The fund allows minimum lumpsum investment of ₹500 and minimum SIP of ₹200.
Investment Strategy
The scheme seeks to provide long term capital appreciation and dividend distribution by investing predominantly in dividend yielding equity and equity related instruments.
Suitability
Dividend Yield funds are suitable for investors:
- Seeking exposure in shares of companies with high dividend yield for high returns
- Aiming for long term wealth creation
- With a 5+ year investment horizon
- Who are at ease with the market's ups and downs
Note:
- Invest only through SIP
Capital Gains Taxation
- If the mutual fund units are sold after 1 year from the date of investment, gains upto Rs 1.25 lakh in a financial year are exempt from tax. Gains over Rs 1.25 lakh are taxed at the rate of 12.5%.
- If the mutual fund units are sold within 1 year from the date of investment, entire amount of gain is taxed at the rate of 20%.
- No tax is to be paid as long as you continue to hold the units.
Disclaimer: The tax information has been prepared on a best-effort basis using information available in the public domain and other sources that Value Research considers reliable. This is not meant as tax advice, and we advise you to consult your tax advisor before making any decision. Value Research takes no responsibility and assumes no liability for any loss or damage arising from any investment or redemption decision based on this information.
Dividend Taxation
- Dividends are added to the income of the investors and taxed according to their respective tax slabs. Further, if an investor's dividend income exceeds Rs. 10,000 in a financial year, the fund house also deducts a TDS of 10% before distributing the dividend.
Latest news on LIC MF Dividend Yield Fund - Direct Plan
FAQ for LIC MF Dividend Yield Fund - Direct Plan
How to Invest in LIC MF Dividend Yield Fund - Direct Plan?
Subscribers of Value Research Fund Advisor can conveniently invest in the low-cost direct plan of LIC MF Dividend Yield Fund - Direct Plan through the Value Research Fund Advisor website.
Alternatively, mutual funds can also be purchased directly from the respective fund house’s website. For example, LIC MF Dividend Yield Fund - Direct Plan can be bought from the LIC Mutual Fund website. In such a case, if you are investing in multiple funds from different fund houses, you will need to transact separately on each fund house’s website.
The third option is to invest offline, by seeking assistance from a mutual fund distributor. Most banks also act as mutual fund distributors, and you can approach your bank for help in completing your investment.
What is the current NAV of LIC MF Dividend Yield Fund - Direct Plan Today?
The latest declared NAV of LIC MF Dividend Yield Fund - Direct Plan, is ₹33.7041 as of 21-May-2026.
What are the top holdings of LIC MF Dividend Yield Fund - Direct Plan?
| Company | Percentage of Portfolio |
|---|---|
|
5.73
|
|
|
3.83
|
|
|
3.09
|
|
|
2.95
|
|
|
2.81
|
What is the return of LIC MF Dividend Yield Fund - Direct Plan in the last 5 years?
Over the past five years, LIC MF Dividend Yield Fund - Direct Plan has delivered an annualised return of 17.35% as of 21-May-2026.
What is the minimum investment required in LIC MF Dividend Yield Fund - Direct Plan?
The minimum investment required to start investing in LIC MF Dividend Yield Fund - Direct Plan is ₹5,000 for the lump sum option and ₹200 for the SIP (Systematic Investment Plan) option.
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